House Agriculture Committee to Hear Review on State of Livestock Industry

(Stock image)

Meat industry representatives will defend their operations and pricing practices on Thursday before the full House Agriculture Committee during a “Hearing to Review the State of the Livestock Industry.”

Republican Sen. Chuck Grassley (R-Iowa) and USDA Secretary Tom Vilsack will address the committee. In addition, industry representatives on the witness list include Scott Hays, vice president of the National Pork Producers Council; Todd Wilkinson, vice president of the National Cattlemen’s Beef Association; Francois Leger, owner of FPL Food in Augusta, Ga., testifying on behalf of the North American Meat Institute; Scott Blubaugh, president of the Oklahoma Farmers Union, testifying on behalf of the National Farmers Union; and Brad Boner, vice president of the American Sheep Industry Association.

The hearing is scheduled for noon Eastern time on Oct. 6 and may be attended in person or virtually.

Earlier this week, Vilsack announced plans for another $100 million in funding from the American Rescue Plan Act intended to help expand meat processing capacity and the number of processors in the meat and poultry supply chain. The funding would leverage hundreds of millions more in lending through community and private sector lenders to expand meat and poultry processing capacity and finance other food supply chain infrastructure.

In June, Grassley joined Sen. Jon Tester (D-Mont.) and Sen. Mike Rounds (R-S.D.) to announce bipartisan legislation to address anticompetitive practices in the meat and poultry industries that threaten the nation’s food supply and national security following the ransomware attack on JBS, the country’s largest meat supplier.  

Read more:

USDA Launches Loan Guarantee To Build Capacity


 

Tags

 

Latest News

Markets: Cash Cattle Rebound, Futures Notch Four-Week High
Markets: Cash Cattle Rebound, Futures Notch Four-Week High

After a mostly sluggish April, market-ready fed cattle saw a solid rally in the North and steady money in the South. Futures markets began to look past the psychologically bearish H5N1 virus news.

APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado
Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado

Six wolf depredations of cattle have been confirmed in Colorado from reintroduced wolves.

Profit Tracker: Packer Losses Mount; Pork Margins Solid
Profit Tracker: Packer Losses Mount; Pork Margins Solid

Cattle and hog feeders find dramatically lower feed costs compared to last year with higher live anumal sales prices. Beef packers continue to struggle with negative margins.

Applying the Soil Health Principles to Fit Your Operation
Applying the Soil Health Principles to Fit Your Operation

What’s your context? One of the 6 soil health principles we discuss in this week’s episode is knowing your context. What’s yours? What is your goal? What’s the reason you run cattle?